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Wethaq Takaful Insurance Co KCSC (KUW:WETHAQ) Gross-Profit-to-Asset % : 3.16% (As of Sep. 2024)


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What is Wethaq Takaful Insurance Co KCSC Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Wethaq Takaful Insurance Co KCSC's annualized Gross Profit for the quarter that ended in Sep. 2024 was KWD0.14 Mil. Wethaq Takaful Insurance Co KCSC's average Total Assets over the quarter that ended in Sep. 2024 was KWD4.31 Mil. Therefore, Wethaq Takaful Insurance Co KCSC's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 3.16%.


Wethaq Takaful Insurance Co KCSC Gross-Profit-to-Asset % Historical Data

The historical data trend for Wethaq Takaful Insurance Co KCSC's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Wethaq Takaful Insurance Co KCSC Gross-Profit-to-Asset % Chart

Wethaq Takaful Insurance Co KCSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 0.43 6.90 2.79 3.13

Wethaq Takaful Insurance Co KCSC Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.86 5.15 5.56 2.91 3.16

Competitive Comparison of Wethaq Takaful Insurance Co KCSC's Gross-Profit-to-Asset %

For the Insurance - Diversified subindustry, Wethaq Takaful Insurance Co KCSC's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wethaq Takaful Insurance Co KCSC's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Wethaq Takaful Insurance Co KCSC's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Wethaq Takaful Insurance Co KCSC's Gross-Profit-to-Asset % falls into.



Wethaq Takaful Insurance Co KCSC Gross-Profit-to-Asset % Calculation

Wethaq Takaful Insurance Co KCSC's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0.132/( (4.226+4.217)/ 2 )
=0.132/4.2215
=3.13 %

Wethaq Takaful Insurance Co KCSC's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0.136/( (4.258+4.355)/ 2 )
=0.136/4.3065
=3.16 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Wethaq Takaful Insurance Co KCSC Gross-Profit-to-Asset % Related Terms

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Wethaq Takaful Insurance Co KCSC Business Description

Traded in Other Exchanges
N/A
Address
Khaled Bin Al Waleed Street, P.O. Box 371 City Tower, Sharq, 11 & 12 & Ground Floors, Safat, Kuwait City, KWT, 13004
Wethaq Takaful Insurance Co KCSC is engaged in the takaful, mutual, and retakaful insurance business. The company's core business activities are categorized into two key segments - Investment and Takaful Insurance. The majority of its revenue is derived from the Takaful Insurance segment. Its product portfolio comprises motors insurance, fire and property, construction and engineering, liabilities, health and life, financial, marine, and aviation insurance.

Wethaq Takaful Insurance Co KCSC Headlines

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